PPP Loan information for King engine bearings ltd

$214,700

King engine bearings ltd was initially approved for PPP Loan of amount $214,700, the current approved amount is $214,700. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 20 jobs and $214,700 was used to fund payroll.

King engine bearings ltd is Existing or more than 2 years old

KING ENGINE BEARINGS LTD

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

KING ENGINE BEARINGS LTD

Borrower Address

26 Okner Parkway

Borrower City

Livingston

Borrower State

NJ

Borrower Zip

07039

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

214700.00

Current Approval Amount

214700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Livingston

Project County Name

ESSEX

Project State

NJ

Project Zip

07039-0001

CD

NJ-11

Jobs Reported

20

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2750.00

Payroll Proceed

179950.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11000.00

Debt Interest Proceed

6000

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

217129.35

Forgiveness Date

06/04/2021

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